In an op-ed coauthored with two other professors, Diamond argues that what’s needed is a committee that is focused on sustainable fiscal structure. He believes the pension funding issues represent a serious risk to Houston’s financial future.

“The committee should be composed of respected citizens from the business, government and academic communities who are knowledgeable about the problem and can achieve consensus on realistic solutions. This committee needs to represent the taxpayers who are being presented with this tab, not the people who already decided to saddle the city with this financial burden.”